Nina Pavcnik

How Trade Advances Global Prosperity

 

Nina Pavcnik, the Niehaus Family Professor in International Studies and chair of the economics department, and Douglas Irwin, the John French Professor in Economics, were invited to be interviewed by Bloomberg forum producers for the three-minute video “How Trade Advances Global Prosperity,” along with renowned development economist Jayati Ghosh and Pulitzer Prize winning journalist Thomas Friedman.

Hung Nguyen '18 Dartmouth Salutatorian

Congratulations to Economics major Hung Duy Nguyen ’18 on being Dartmouth Salutatorian. Hung is a research scholar of Economics department's DERS program, his research work with Prof. Nina Pavcnik was reported at Dartmouth news Dartmouth Economist Addresses the World’s Central Bankers. He received Economics Department's outstanding achievement award.

Is the global trade system broken?

On May 9th 2018,  as a featured guest, Professor Nina Pavcnik was invited to The Economist Online Debate Is the global trade system broken?. She provided her perspective of how governments should best help global trade system.

“Before answering how governments should help the losers from free trade, it is important to ask whether governments should help losers from free trade. The argument for it does not have to invoke morality; it can rely on economic principles.

Freer trade raises aggregate living standards in a country, but it generates winners and losers. Those hurt by international trade will likely oppose further liberalisation and call for protectionism, jeopardising the economic benefits of trade to the society as a whole. If governments want support for freer trade -- which is potentially even more important in today’s world of global supply chains -- they need to help those who are left jobless.